Ann: Company Insight - Raising underpins Nido&#39, page-2

re: Ann: Company Insight - Raising underpins ... Sorry Phil, your going to have to do a lot better than that to get anyone interested in the spp. Especially if we are still travelling in this range early January. On top of that the spp seems to be a an important part of this overall fund raising. Better dig up some very special news between now and closing date. Even if they did get the sp moving to a reasonable level so shareholders did take up their allocation those that bought in at 2.7 through the spp would only dump to realise something from Nido and we would end up back where we started, but I suppose Phil would get his $6mil. 2 billion shares on issue now so the sp will struggle to go anywhere. I expect one of Phils moves down the track will be a 10 for 1. Then you'll really see value destruction. Poorly advised.